Tag Archives: Mike Bass

Changing dynamics see NBA & MLB revise DFS investments

SBC News Changing dynamics see NBA & MLB revise DFS investments

US news sources have reported that the NBA (basketball) and MLB (baseball) leagues will move to divest their respective stakes in daily fantasy sports (DFS) operators’ DraftKings and FanDuel. In 2015 the MLB had participated in a $300 million investment round, backing DraftKings enterprise as official ‘MLB Fantasy Sports Partner’. The NBA acquired its stake in FanDuel, supporting the DFS …

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